Microsoft cancels some of its AI data center leases

Group 1 - Microsoft is reportedly reducing its data center footprint by canceling leases with multiple providers, totaling a capacity of a couple hundred megawatts, equivalent to about two data centers [1] - The rationale behind Microsoft's decision remains unclear, but it raises questions about the company's future expectations for AI demand [1] Group 2 - In contrast to Microsoft's actions, the broader industry is expanding, with a $20 billion data center funding initiative announced by incoming president Donald Trump [2] - Additionally, a project named Stargate, involving OpenAI, Oracle, and SoftBank, aims to invest up to $500 billion into data centers for OpenAI [2]